Viettel valued at over 3 billion USD by Brand Finance

The military-run telecom provider Viettel has been valued at 3.178 billion USD by the world’s leading business valuation consultant Brand Finance.
Viettel valued at over 3 billion USD by Brand Finance ảnh 1Illustrative image (Source: Viettel)

Hanoi (VNA) – Themilitary-run telecom provider Viettel has been valued at 3.178 billion USD bythe world’s leading business valuation consultant Brand Finance.

 In the list of top 50 brands in Vietnam in2018 recently announced by the Brand Finance, Viettel’s valuation rose by 23.7percent from 2017, equaling the total value of those ranking second and thirdin the list.

 Also in its list of the world’s 300 valuabletelecom brands, Viettel ranked 47th, up one place from 2017, equivalent toSingtel – the top in Singapore and Ooredoo – the number one in the Middle East.

 The year 2018 marked a milestone for Viettelwhen it founded telecom, cyber security and high-tech defence industries anddeclared to embark on the fourth development stage with the goal of goingglobal and pioneering in the fourth industrial revolution.

Viettel has a significant presence in 12countries and a customer base with more than 85 million subscribers acrossAsia, Africa and America.

It has also invested in research,manufacturing and successful commercialisation of strategic weapons, high-techmilitary equipment and telecom network equipment.-VNA
VNA

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